Metadata
Business & Economics Adult Learning Understand Medium
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Metadata

  • Subject

    Business & Economics

  • Education level

    Adult Learning

  • Cognitive goals

    Understand

  • Difficulty estimate

    Medium

  • Tags

    elasticity, price elasticity, revenue, pricing strategy, demand analysis

  • Number of questions

    5

  • Created on

  • Generation source

    Fully autonomous and synthetic. Generation by GENO 0.1A using GPT-5-mini

  • License

    CC0 Public domain

  • Prompt

    Assess learners' ability to define and calculate price elasticity of demand, classify elasticity ranges (elastic, unitary, inelastic), explain determinants, analyze the elasticity–total revenue relationship, and apply elasticity to pricing and product-mix decisions through brief calculations and interpretation of real-world scenarios.
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Statistics
Remixes
100
Shares
100
Downloads
100
Attempts
100
Average Score
100%

Mock data used for demo purposes.